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McHenry 60152 Grenadier Manor
2518 CONSTANCE Lane
$397,000
● House - Off Market

2518 CONSTANCE Lane

Marengo, IL 60152
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,200 Ft²
$727,013
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

BEAUTIFUL WOODED 1 ACRE 2200 SQFT CUSTOM BUILT HOME! SPACIOUS FLR PLAN FEATURES LARGE EAT-IN OAK KITCHEN W/ BREAKFAST BAR, OPEN TO FAMILY ROOM W/ VAULTED CEILING! DREAMY MASTER SUITE INCLUDES WALKIN CLST, VAULTED CEILING, & PRIVATE BATH! GREAT ENCLOSED PORCH, LARGE DININGROOM, 1ST FLR LAUNDRY, PARTIALLY FINISHED BASEMENT WITH STONE FP & CUSTOM BAR! 3+ CAR GARAGE W/ ACCESS TO BASEMENT! LARGE DECK! BUILDERS OWN HOME!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,707
  • Lot Size Depth Feet: 2,520
  • Total Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARGATE
  • Land Acres: 0000001000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0031976 LT 15 MARGATE MEMO: HOIALMEN GEIGER, TERESA/ GEIGER, JEFFREY

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871003

Geography

  • Parcel: 11-15-402-001
  • Block: 402
  • Lot: 15
  • Municipality: MARENGO TWP
  • Latitude: 42.291
  • Longitude: -88.6345

    Address

  • Full Address: 2518 Constance Ln
  • Address - House Number: 2518
  • Address - Street Name: Constance
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Marengo
  • Carrier Code: R001
  • 4-Digit Zip Code: 8506
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $798,160
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 432,867
  • High Value: 500,361
  • Low Value: 365,373

    Market Valuation

  • Market Total Value: $339,672
  • Market Land Value: $79,386
  • Market Improvement Value: $260,286

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,224
  • Assessed Land Value: $26,462
  • Assessed Improvements Value: $86,762

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31976
  • Previous Sale Recording Date: Jun 03, 2020
  • Previous Sale Contract Date: May 28, 2020
  • Previous Sale Amount: $319,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grenadier Manor

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$234

Above Asking

0.00%

Average Days on Market

63

Average Home Size

1993 ft²

Average Home Age

59 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MRED

Listed by: Ben Broughton, CENTURY 21 New Heritage
Data Source: MRED, MLS# MRD06647689
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2518 Constance Lane built and last sold?
The property at 2518 Constance Lane was built in 1995 and last sold on Aug 16, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 2518 Constance Lane is $422,380.
What are some comparable homes to 2518 Constance Lane?
There are currently no comparable homes to 2518 Constance Lane.
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